2025-05-14T14:15:34-05:00 2024-06-30 881478669 CBIZ ADVISORS LLC 53 STATE STREET BOSTON MA 02109 990 2023-07-01 060646701 QUINNIPIAC UNIVERSITY QUIN 2035828200 275 MOUNT CARMEL AVENUE HAMDEN CT 065181908 JUDY OLIAN PRESIDENT 2035828200 2025-05-15 1 1 DOUGLAS FARRINGTON P00370668 6178075000 2025-05-14 2023 2025-03-06 01:10:19Z JUDY OLIAN 275 MOUNT CARMEL AVENUE HAMDEN CT 065181908 928886283 0 X WWW.QU.EDU X 1929 CT PREPARE GRADUATES AS ENLIGHTENED GLOBAL CITIZENS EQUIPPED FOR CAREERS OF THE FUTURE. (SEE SCH O) QUINNIPIAC UNIVERSITY ("QU") IS A PRIVATE, COEDUCATIONAL UNIVERSITY WHERE STUDENTS ENGAGE IN AN EDUCATIONAL EXPERIENCE THAT'S BOTH PERSONAL AND CHALLENGING FROM FACULTY WHO CARE DEEPLY ABOUT STUDENT OUTCOMES. QU IS AN INSTITUTION OF HIGHER EDUCATION, WHICH IS ACCREDITED BY THE BOARD OF HIGHER EDUCATION OF THE STATE OF CONNECTICUT AND THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION. ITS PURPOSE IS TO OFFER PROGRAMS OF INSTRUCTION LEADING TO BACHELORS, MASTERS AND PROFESSIONAL DOCTORATE DEGREES IN A WIDE RANGE OF PROFESSIONAL FIELDS. QU OFFERS 150 PROGRAMS TO APPROXIMATELY 6,200 UNDERGRADUATE AND 2,700 GRADUATE STUDENTS. 24 23 4629 25 642297 354198 23851052 16754906 482991419 510784665 29349494 59759077 5632134 8044520 541824099 595343168 178485102 192891391 0 0 183382454 194150683 0 0 5835857 138930014 150166198 500797570 537208272 41026529 58134896 1889769630 1981792376 537037181 508914300 1352732449 1472878076 X TO BUILD THE UNIVERSITY OF THE FUTURE WITH A STRATEGY PROPELLING US FROM OUR STORIED PAST TOWARD AN AMBITIOUS, INCLUSIVE & INNOVATIVE FUTURE BY PREPARING GRADUATES AS ENLIGHTENED GLOBAL CITIZENS EQUIPPED FOR THE CHALLENGES & OPPORTUNITIES OF CAREERS OF THE FUTURE. (SCH O) WE ARE A COMMUNITY THAT EMBRACES POSITIVE CHANGE, INCLUSIVE EXCELLENCE, KINDNESS AND GENEROSITY OF SPIRIT WITH A COMMITMENT TO LIFT THE COMMUNITIES IN WHICH WE LIVE. OUR STUDENTS, FACULTY AND STAFF ARE BOLD AND CURIOUS, INNOVATORS AND EXPLORERS. WE PARTNER WITH EMPLOYERS TO UNDERSTAND AND PREPARE GRADUATES WHO MEET THEIR TALENT AND TECHNOLOGICAL NEEDS, WE EMBRACE LIFELONG LEARNING, AND WE PURSUE LEARNING AND SCHOLARSHIP THAT ASKS AND ADDRESSES SIGNIFICANT SOCIETAL AND SCIENTIFIC QUESTIONS. 0 0 166936191 192891391 427228980 EDUCATIONAL PROGRAMS: INCLUDES THE PROVISION OF INSTRUCTION AS WELL AS RESEARCH ACTIVITIES. QUINNIPIAC UNIVERSITY OFFERS PROGRAMS OF INSTRUCTION LEADING TO UNDERGRADUATE AND GRADUATE DEGREES IN A WIDE RANGE OF PROFESSIONAL FIELDS RELATING TO HEALTH SCIENCES, BUSINESS LAW, AND COMMUNICATIONS, AS WELL AS IN VARIOUS THEORETICAL AND APPLIED DISCIPLINES OF ARTS AND SCIENCE. THE UNIVERSITY HAS APPROXIMATELY 6,000 FULL-TIME UNDERGRADUATE, 200 PART-TIME UNDERGRADUATE, AND 2,700 FULL-TIME AND PART-TIME GRADUATE ENROLLED STUDENTS. 71525335 80385623 AUXILIARY SERVICES: INCLUDES THE PROVISION OF DORMITORY AND DINING SERVICES FOR RESIDENTIAL STUDENTS AS WELL AS UPKEEP FOR STUDENT FACILITIES. STUDENTS AT QU DO MORE THAN EARN A DEGREE. THEY ARE PART OF A VIBRANT COMMUNITY WHERE STUDENTS RALLY AROUND COMMON INTERESTS, PASSIONS AND CAUSES. STUDENTS LIVE IN A DIVERSE COMMUNITY IN AN ENVIRONMENT PURPOSEFULLY DESIGNED TO CREATE A HEALTHY AND ACTIVE LIFESTYLE. 225719369 7344693 STUDENT SERVICE PROGRAMS: INCLUDES THE PROVISION FOR PROGRAMS AND SERVICES SUPPORTING THE STUDENT LIFE PROGRAM AND EXPENDITURES RELATING TO STUDENT FINANCIAL AID. QUINNIPIAC UNIVERSITY HAS A VAST ARRAY OF SERVICES TO SUPPORT ITS STUDENTS INCLUDING, BUT NOT LIMITED TO, HEALTH & WELLNESS COUNSELING AND SUPPORT, FINANCIAL AID GUIDANCE, ATHLETICS AND RECREATION, CLUBS AND ACTIVITIES, SPIRITUAL AND RELIGIOUS LIFE. 464180895 1 1 0 1 0 0 1 1 0 1 1 1 0 0 1 1 0 1 1 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 11897 0 1 4629 1 1 1 0 0 0 0 1 1 0 0 0 1 0 1 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CT X STEPHEN A ALLEGRETTO 2035827962 275 MOUNT CARMEL AVENUE HAMDEN CT 065181908 CHARLES SAIA JR CHAIRMAN 5.00 X X 0 0 0 BARBARA M BEEVER SECRETARY 2.00 X X 0 0 0 CARLTON L HIGHSMITH VICE CHAIRMAN 2.00 X X 0 0 0 JOHN C ABELLA VICE CHAIRMAN 2.00 X X 0 0 0 WILLIAM T PLATT JR VICE CHAIRMAN 2.00 X X 0 0 0 BRETT AMENDOLA BOARD MEMBER 2.00 X 0 0 0 PATRICK CHARMEL BOARD MEMBER 2.00 X 0 0 0 ALEXANDER CLARK BOARD MEMBER 2.00 X 0 0 0 ERIK CLEMONS BOARD MEMBER 2.00 X 0 0 0 ROBERT CONTRI BOARD MEMBER 2.00 X 0 0 0 DEBORAH DYETT DESIR BOARD MEMBER 2.00 X 0 0 0 JEANNA DOHERTY BOARD MEMBER 2.00 X 0 0 0 LAWRENCE HAMDAN BOARD MEMBER 2.00 X 0 0 0 DAVID W KEISER BOARD MEMBER 2.00 X 0 0 0 JAMES LOREE BOARD MEMBER 2.00 X 0 0 0 MARYBETH NOONAN BOARD MEMBER 2.00 X 0 0 0 PETER NOVAK BOARD MEMBER 2.00 X 0 0 0 LYNNE PANTALENA BOARD MEMBER 2.00 X 0 0 0 WARING PARTRIDGE BOARD MEMBER 2.00 X 0 0 0 ROBERT POTTER BOARD MEMBER 2.00 X 0 0 0 VIKRANT SAWHNEY BOARD MEMBER 2.00 X 0 0 0 RICHARD SILVER ESQ BOARD MEMBER 2.00 X 0 0 0 WILLIAM C WELDON BOARD MEMBER 2.00 X 0 0 0 MICHAEL ZAVODSKY BOARD MEMBER 2.00 X 0 0 0 JEFFREY TENGEL BOARD MEMBER (LEFT 6/30/2023) 2.00 X 0 0 0 CHRISTIAN SAUSKA SR BOARD MEMBER (LEFT 6/30/2023) 2.00 X 0 0 0 ARTHUR RICE BOARD MEMBER (LEFT 6/30/2023) 2.00 X 0 0 0 JUDY OLIAN PRESIDENT 40.00 X 1877943 0 95224 MARK VARHOLAK CFO 40.00 X 559745 0 77525 RAND PECKNOLD MEN'S ICE HOCKEY COACH 40.00 X 845409 0 72560 PHILLIP BOISELLE DEAN OF THE SCHOOL OF MEDICINE 40.00 X 634947 0 16500 ELICIA SPEARMAN LEFT 42024 GENERAL COUNSEL AND VP OF HR 40.00 X 609313 0 78560 DEBRA LIEBOWITZ PROVOST 40.00 X 543594 0 85075 PATRICIA SACCA-FABBRI WOMEN'S BASKETBALL COACH 40.00 X 422650 0 33000 JOHN LAHEY FORMER PRESIDENT EMERITUS 40.00 X 225121 0 47343 5718722 0 505787 405 1 1 0 PAC GROUP LLC 126 S MAIN ST TORRINGTON CT 06790 BUILDERS 1111612 PEI COBB FREED & PARTNERS LLP 88 PINE STREET NEW YORK NY 10005 ARCHITECTS 1066523 ELLUCIAN COMPANY LP 2003 EDMUND HALLEY DRIVE RESTON VA 20191 STUDENT INFORMATION SYSTEMS (SIS) 878585 CARNEGIE DARLET LLC 210 LITTLETON ROAD WESTFORD MA 01886 MARKETING/ENROLLMENT STRATEGY 827823 STRATEGIC SPACES LLC 280 SUMMER STREET BOSTON MA 02210 DESIGN AGENCY 570462 19 4859310 11895596 1138852 16754906 TUITION AND FEES 611310 427228980 427228980 AUXILLIARY ENTERPRISES 611310 80385623 80385623 ATHLETICS 611310 3170062 3170062 510784665 17503911 130090 17373821 1474046 1474046 805202 0 805202 805202 288387 516815 374257915 66320 333535982 7133 40721933 59187 40781120 44249 40736871 INSURANCE SETTLEMENT INCOME 900099 352989 352989 INDIRECT COST RECOVERY 900099 290227 290227 SPONSORSHIP REVENUE 541800 69564 69564 6526538 3884404 110007 2532127 7239318 595343168 514959296 642297 62986669 186354016 186354016 6537375 6537375 2571219 194934 2181351 194934 180000 180000 142775333 113768620 26039572 2967141 9592897 7503490 1876250 213157 28886428 22522634 5636397 727397 10144806 8068051 1862655 214100 410501 410501 514665 514665 500 500 4950904 4950904 13565939 10217756 3206665 141518 5422786 4398072 1017687 7027 24635365 23228834 1264476 142055 7656188 3813729 3641547 200912 9255919 8482866 773053 5579404 3962486 1547725 69193 801533 603307 193668 4558 15384428 15384428 32364094 29604672 2742777 16645 6449668 156137 6293531 EVENT EXPENSE 6296984 4629987 808477 858520 MAINTENANCE AND REPAIRS 5574154 5473838 100316 STUDENT SERVICE AWARDS 2717552 2717552 UNRELATED BUSINESS INCO 303026 303026 8282588 6558111 1645777 78700 537208272 464180895 67191520 5835857 14666409 15496878 16181683 18525887 8792461 6983828 3010555 4162463 1674779890 520044039 1029253834 1154735851 752534167 632984234 61402455 144947529 3928066 3955706 1889769630 1981792376 40172271 43968314 31425240 17105898 456724263 439101710 8715407 8738378 537037181 508914300 X 1232438214 1347506533 120294235 125371543 1352732449 1472878076 1889769630 1981792376 X 58134896 62073845 -63114 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 500 0 0 0 500 0 PART II-B, LINE 1: QUINNIPIAC UNIVERSITY DOES NOT DIRECTLY ENGAGE IN LOBBYING. A PORTION OF THEIR PROFESSIONAL DUES TO ORGANIZATIONS SUCH AS NACUBO ARE ALLOCATED TO LOBBYING. THE AMOUNT OF LOBBYING EXPENSES REPORTED ABOVE IS ESTIMATED. X X 4 13.00 0 0 0 1 1 15.00 15000 1 0 3850077 0 0 X X X X 0 718982080 120299689 21015152 71608288 4950904 741707425 674054417 104147258 6667973 49107005 3444617 718982080 753870095 30142959 -100100027 4864479 4994131 674054417 545134316 7343256 209790730 4475256 3922951 753870095 556603870 534710 -4092676 4735162 3176426 545134316 0.83000 0.13000 0.04000 0 0 104244475 104244475 1112163226 326121993 786041233 195166202 153667121 41499081 263205987 40254925 222951062 1154735851 GOLDMAN SACHS (PRIVATE EQUITY) 118157 F CASTLE HARLAN (PRIVATE EQUITY) 102639 F BRANFORD CASTLE (PRIVATE EQUITY) 9938120 F GI PRIVATE EQUITY (PRIVATE EQUITY) 4346455 F LONE STAR RE RECOVERY (PRIVATE EQUITY) 1076769 F POINTER OFFSHORE (NAV ALT INVESTMENT) 26662124 F IRONWOOD INTERNATIONAL (NAV ALT INVESTMENT) 8702912 F MONARCH OPPORTUNITIES FUND (NAV ALT INVESTMENT) 18709303 F SILCHESTER INTERNATIONAL (PRIVATE EQUITY) 73366481 F APOLLO INVESTMENT FUND (PRIVATE EQUITY) 1924569 F 144947529 DEPOSITS 7729888 ANNUITIES PAYABLE 524564 LEASE LIABILITIES 483926 8738378 X 652402995 62073845 -63114 62010731 590392264 4950904 4950904 595343168 532257368 0 532257368 4950904 4950904 537208272 PART II, LINE 5: THE UNIVERSITY UTILIZES AN ENVIRONMENTAL AND ENGINEERING CONSULTING FIRM TO DETERMINE ANNUALLY IF THERE ARE ANY ENVIRONMENTAL ISSUES REQUIRING FURTHER COMPLIANCE. PART II, LINE 9: EXPENSES ASSOCIATED WITH EASEMENT MONITORING ARE RECORDED IN THE OPERATING EXPENSES OF THE UNIVERSITY. PART III, LINE 4: THE UNIVERSITY'S ARTWORK IS COMPRISED OF MULTIPLE COLLECTIONS AND INDIVIDUAL WORKS FROM AROUND THE WORLD. A LARGE MAJORITY IS COMPRISED OF ART FROM THE GREAT IRISH FAMINE, WHICH PROVIDES FOR AN ENHANCED SCHOLARLY UNDERSTANDING OF SIGNIFICANT HISTORICAL EVENTS. PART V, LINE 4: ENDOWMENT FUNDS ARE NET ASSETS WITH DONOR RESTRICTION. FUNDS ARE AVAILABLE TO BE APPROPRIATED FOR EXPENSES THAT ARE IN LINE WITH THE DONOR'S ORIGINAL INTENT/INSTRUCTION. PART X, LINE 2: BELOW IS AN EXCERPT FROM FOOTNOTE 2 OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR QUINNIPIAC UNIVERSITY AND AFFILIATES. THE INTERNAL REVENUE SERVICE HAS RULED THAT THE UNIVERSITY IS A SECTION 501(C)(3) ORGANIZATION, EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE "IRC"). THE UNIVERSITY HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(1) OF THE IRC AND QUALIFIES FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION BY DONORS. THE UNIVERSITY IS ALSO EXEMPT FROM STATE OF CONNECTICUT INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE UNIVERSITY HAS ANY UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE UNIVERSITY AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURES IN THE FINANCIAL STATEMENTS. THE UNIVERSITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FEDERAL TAX YEARS ENDED JUNE 30, 2021 THROUGH 2024 REMAIN OPEN FOR AUDIT UNDER THE VARIOUS STATUTES OF LIMITATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF TRUSTS HELD BY THIRD PARTIES, -63,114. CHARITABLE GIFT ANNUITIES, AND CHARITABLE REMAINDER UNIT TRUSTS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE FOLLOWING POLICY IS FOUND IN THE QUINNIPIAC STUDENT HANDBOOK WHICH IS POSTED AT WWW.QU.EDU WEBSITE. "QUINNIPIAC UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, CREED, GENDER, AGE, SEXUAL ORIENTATION, NATIONAL AND ETHNIC ORIGIN, OR DISABILITY STATUS IN THE ADMINISTRATION OF ITS EDUCATIONAL AND ADMISSION POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS OR OTHER UNIVERSITY ADMINISTERED PROGRAMS." SCHEDULE E, PART I, LINE 6 QUINNIPIAC UNIVERSITY RECEIVED SEVERAL TITLE IV GRANTS FROM THE FEDERAL GOVERNMENT THAT ARE USED TO PROVIDE ASSISTANCE TO STUDENTS AT THE UNIVERSITY. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES INVESTMENTS 58538952 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 84487 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 53730 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 1259673 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 4995 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 4750 SOUTH ASIA 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 15483 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDY ABROAD EXPENSES 30667 CENTRAL AMERICA AND THE CARIBBEAN GRANTMAKING 116256 EAST ASIA AND THE PACIFIC GRANTMAKING 115365 EUROPE (INCLUDING ICELAND & GREENLAND) GRANTMAKING 2654483 MIDDLE EAST AND NORTH AFRICA GRANTMAKING 1500 NORTH AMERICA GRANTMAKING 2337942 RUSSIA AND NEIGHBORING STATES GRANTMAKING 73235 SOUTH AMERICA GRANTMAKING 348526 SOUTH ASIA GRANTMAKING 300479 SUB-SAHARAN AFRICA GRANTMAKING 589589 0 0 0 0 0 0 59992737 6537375 66530112 SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN 3 116256 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP EAST ASIA AND THE PACIFIC 3 115365 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP EUROPE (INCLUDING ICELAND AND GREENLAND) 58 2654483 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP MIDDLE EAST AND NORTH AFRICA 1 1500 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP NORTH AMERICA 37 2337942 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP RUSSIA AND THE NEWLY INDEPENDENT STATES 1 73235 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP SOUTH AMERICA 5 348526 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP SOUTH ASIA 20 300479 CHECK AND/OR ELECTRONIC FUND SCHOLARSHIP SUB-SAHARAN AFRICA 18 589589 CHECK AND/OR ELECTRONIC FUND 1 0 1 1 1 1 PART I, LINE 2: GIFTS TO INDIVIDUALS RELATE TO UNIVERITY FINANICAL AID. THE UNIVERSITY UTILIZES SEVERAL PROCEDURES AND REPORTS ON AN ANNUAL BASIS TO MONITOR FINANCIAL AID. THE UNIVERSITY HAS INTERNAL CONTROLS IN PLACE TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILITY REQUIREMENTS. THESE CONTROLS ARE ADMINISTERED THROUGH THE FINANCIAL AID OFFICE. ALSO, INDEPENDENT AUDITORS COMPLETE THE A-133 AUDIT RELATING TO FEDERAL AND STATE STUDENT AID. PART I, LINE 3: QUINNIPIAC UNIVERSITY USES THE ACCRUAL METHOD TO ACCOUNT FOR THE GRANTS REPORTED. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE. FORM 990, SCHEDULE F, PART I, LINE I: THE UNIVERSITY UTILIZES SEVERAL PROCEDURES AND REPORTS ON AN ANNUAL BASIS TO MONITOR FINANCIAL AID. THE UNIVERSITY HAS INTERNAL CONTROLS IN PLACE TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILITY REQUIREMENTS. THESE CONTROLS ARE ADMINISTERED THROUGH THE FINANCIAL AID OFFICE. ALSO, INDEPENDENT AUDITORS COMPLETE THE A-133 AUDIT RELATING TO FEDERAL AND STATE STUDENT AID. 1 UNIVERSITY FUNDED AND STUDENT FINANCIAL AID 7145 186354016 PART I, LINE 2: GIFTS TO INDIVIDUALS RELATE TO UNIVERITY FINANICAL AID. THE UNIVERSITY UTILIZES SEVERAL PROCEDURES AND REPORTS ON AN ANNUAL BASIS TO MONITOR FINANCIAL AID. THE UNIVERSITY HAS INTERNAL CONTROLS IN PLACE TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET AND MAINTAIN ELIGIBILITY REQUIREMENTS. THESE CONTROLS ARE ADMINISTERED THROUGH THE FINANCIAL AID OFFICE. ALSO, INDEPENDENT AUDITORS COMPLETE THE A-133 AUDIT RELATING TO FEDERAL AND STATE STUDENT AID. X X 0 0 X X X X X 0 0 0 0 0 0 0 1 0 JUDY OLIAN PRESIDENT 851905 0 932520 0 93518 0 70881 0 24343 0 1973167 0 0 0 RAND PECKNOLD MEN'S ICE HOCKEY COACH 579707 0 250000 0 15702 0 33000 0 39560 0 917969 0 0 0 ELICIA SPEARMAN LEFT 42024 GENERAL COUNSEL AND VP OF HR 415867 0 189282 0 4164 0 39000 0 39560 0 687873 0 0 0 PHILLIP BOISELLE DEAN OF THE SCHOOL OF MEDICINE 622345 0 7700 0 4902 0 16500 0 0 0 651447 0 0 0 MARK VARHOLAK CFO 496119 0 36820 0 26806 0 55500 0 22025 0 637270 0 0 0 DEBRA LIEBOWITZ PROVOST 518272 0 20420 0 4902 0 39000 0 46075 0 628669 0 0 0 PATRICIA SACCA-FABBRI WOMEN'S BASKETBALL COACH 372138 0 24843 0 25669 0 33000 0 0 0 455650 0 0 0 JOHN LAHEY FORMER PRESIDENT EMERITUS 220671 0 0 0 4450 0 23000 0 24343 0 272464 0 0 0 PART I, LINE 1B THE ABOVE WERE PAID AS PART OF STIPULATIONS WITHIN THE PRESIDENT'S CONTRACT AND NOT PART OF A UNIVERSITY POLICY. PART I, LINE 3 THE COMPENSATION COMMITTEE OF QUINNIPIAC UNIVERSITY FACILITATES THE EVALUATION PROCESS AND SALARY REVIEW OF THE PRESIDENT OF THE UNIVERSITY. THE COMMITTEE MEETS ON A REGULAR BASIS TO EVALUATE THE PERFORMANCE OF THE PRESIDENT BASED ON THE SUCCESS OR FAILURE OF MEETING APPROVED ANNUAL GOALS AND OBJECTIVES. THE SALARY ADJUSTMENTS BASED ON MERIT ARE TIED TO THIS EVALUATION, COMPARATIVE SALARY DATA FROM SIMILIAR INSTITUTIONS AND RECOMMENDATIONS OF THE COMMITTEE. THE PRESIDENT PRESENTS EVALUATIONS OF THE LEADERSHIP TEAM TO THE COMPENSATION COMMITTEE. THE COMMITTEE HAS AUTHORITY AS DELEGATED TO IT BY THE FULL BOARD OF TRUSTEES TO EXECUTE AND AMEND THE CONTRACT FOR THE PRESIDENT OF THE UNIVERSITY. PART I, LINE 7 JUDY OLIAN, MARK VARHOLAK, RAND PECKNOLD, DEBRA LIEBOWITZ, AND ELICIA SPEARMAN RECEIVED INCENTIVE PAYMENTS IN ACCORDANCE WITH CONTRACTUAL ARRANGEMENTS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. A CHEFA - QUINNIPIAC UNIVERSITY SERIES L 060806186 20774YXG7 2015-09-22 350139940 ADVANCE REFUNDING AND CAPITAL IMPROVEMENT 0 0 0 B CHEFA - QUINNIPIAC UNIVERSITY SERIES M 060806186 20774YC62 2016-04-28 116513498 ADVANCE REFUNDING AND CAPITAL IMPROVEMENT 0 0 0 C CHEFA- QUINNIPIAC UNIVERSITY SEIRES N 060806186 20775DVC3 2023-03-15 61954354 CAPITAL IMPROVEMENTS 0 0 0 A 52095000 350252298 1986388 30112362 318153548 2019 0 1 1 1 B 27920000 116568703 791379 8363491 107413833 2018 0 1 1 1 C 61954354 43670775 754354 21284148 0 0 0 0 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CHEFA - QUINNIPIAC UNIVERSITY SERIES L DATE THE REBATE COMPUTATION WAS PERFORMED: 10/19/2020 ISSUER NAME: CHEFA - QUINNIPIAC UNIVERSITY SERIES M DATE THE REBATE COMPUTATION WAS PERFORMED: 05/11/2021 SCHEDULE K, PART II, LINE 3: TOTAL PROCEEDS INCLUDES INVESTMENT INCOME EARNED. SCHEDULE K, PART II, LINE 11: PROCEEDS WERE USED AS PART OF AN ADVANCED REFUNDING FOR ALL OF SERIES H CHEFA BONDS AND A PORTION OF SERIES I AND SERIES J. $318,153,548 PROCEEDS WERE USED AS PART OF AN ADVANCED REFUNDING THE REMAINING PORTION OF SERIES J, K-1, AND K-2 CHEFA BONDS. $107,413,833 SCHEDULE K, PART II, LINE 11: PROCEEDS WERE ALLOCATED TO A REASONABLY REQUIRED RESERVE FUND AND A PORTION TO CAPITAL EXPENDITURES FOR SERIES N. BUILDING = $17,529,225 ALEXANDER CLARK BOARD MEMBER 180000 ORGANIZATION HAS SOFTWARE CONTRACT WITH BOARD MEMBER OWNED BUSINESS 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: ALEXANDER CLARK, A MEMBER OF THE BOARD OF TRUSTEES, OWNS MORE THAN 35 PERCENT OF TECHNOLUTIONS, WHICH QUINNIPIAC UNIVERSITY HAS A CONTRACT WITH TO USE THEIR SLATE SOFTWARE. THE FEES AGREED TO IN THIS ANNUAL CONTRACT WERE NEGOTIATED YEARS PRIOR TO ALEXANDER JOINING THE BOARD, AND HAVE NOT CHANGED SINCE. X 1 27000 FAIR VALUE X 20 445352 MARKET VALUE X 1 640000 FAIR MARKET VALUE X EQUIPMENT 2 26500 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY MARCUM LLP, AND REVIEWED BY MANAGEMENT, CFO, AND THE PRESIDENT, WHO IS A MEMBER OF THE BOARD. COPIES OF THE FILED 990 ARE PROVIDED UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C SENIOR MANAGEMENT AND TRUSTEES OF QUINNIPIAC UNIVERSITY ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. SENIOR MANAGEMENT AND TRUSTEE FORMS ARE HELD BY THE OFFICE OF THE GENERAL COUNSEL. SENIOR MANAGEMENT IDENTIFIES ADDITIONAL EMPLOYEES, PARTICULARLY THOSE WHO ARE INVOLVED IN MAKING PURCHASES FOR THE UNIVERSITY OR APPROVING BUSINESS RELATIONSHIPS WITH THE UNIVERSITY, TO COMPLETE THE DISCLOSURE FORM. THE FORMS ARE REVIEWED BY HUMAN RESOURCES AND LEGAL COUNSEL. IF ANY INDIVIDUAL HAS A CONFLICT OF INTEREST, THEY WOULD RECUSE THEMSELVES FROM ALL DISCUSSIONS ON THE MATTER IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE OF QUINNIPIAC UNIVERSITY FACILITATES THE EVALUATION PROCESS AND SALARY REVIEW OF THE PRESIDENT AND VICE PRESIDENTS OF THE UNIVERSITY. THE COMMITTEE MEETS ON A REGULAR BASIS AT LEAST TWO TIMES EACH YEAR TO EVALUATE THE PERFORMANCE OF THE PRESIDENT AND VICE PRESIDENTS BASED ON THE SUCCESS OR FAILURE OF MEETING THEIR APPROVED ANNUAL GOALS AND OBJECTIVES. THEIR SALARY ADJUSTMENTS BASED ON MERIT ARE TIED TO THIS EVALUATION, COMPARATIVE SALARY DATA FROM SIMILAR INSTITUTIONS AND RECOMMENDATION OF THE PRESIDENT OR, IN THE CASE OF THE PRESIDENT, THE COMMITTEE. THE COMMITTEE HAS AUTHORITY AS DELEGATED TO IT BY THE FULL BOARD OF TRUSTEES TO EXECUTE AND AMEND THE CONTRACTS FOR THE PRESIDENT AND VICE PRESIDENTS OF THE UNIVERSITY. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF TRUSTS HELD BY THIRD PARTIES -63,114. AND CHARITABLE REMAINDER UNIT TRUSTS FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. IRELANDS GREAT HUNGER MUSEUM INC 275 MOUNT CARMEL AVENUE HAMDEN CT 065181908 461158164 MUSEUM, ARTS, LITERATURE CT 501(C)(3) LINE 7 QUINNIPIAC UNIVERSITY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0